Power Supply Market - Forecasts from 2019 to 2024

The power supply market is projected to grow at a CAGR of 5.11% to reach US$33.600 billion by 2024, from US$24.915 billion in 2018. The power supply market is expected to grow on account of rising usage of electronics at home and in industries. The market will also grow due to the emerging telecom sector all around the world, as it requires continuous and uninterrupted power supply solutions. In addition, the increasing demand for energy efficient solutions will lead to increasing investment in the power supply market. However, the availability of substitutes in the form of High Voltage Direct Current (HVDC) and renewable forms of energy will be a restraining factor for the growth of this market. The North American region will have a significant share in the market due to early adoption and development of technology. The Asia Pacific region will show ample growth opportunities on account of emerging markets like China and India. Also, the presence of many of the key market players in the region will facilitate the growth of the market.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the power supply value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Power Supply market.

Major industry players profiled as part of the report are Tolomatic, Inc., Thomson Industries, Inc., and HepcoMotion among others.

Segmentation

The Power Supply market has been analyzed through following segments:

By Frame Type

Open Frame
Enclosed Frame

By Output

Single Output
Multiple Output

By Mount Type

DIN Rail Mount
Wall Mount
PCB Mount
Panel Mount

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others